Venator Materials PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Venator Materials PLC disclosed greenhouse gas emissions of 999.9K tCO2e (2023). By scope: Scope 1: 705.4K tCO2e (2023); Scope 2: 294.5K tCO2e (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
999.9K tCO2e (2023)
2023
💧
Water Usage
72.3M m3 (2023)
2023
♻️
Waste
537.5K tons (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).705.4K tCO2e (2023)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.294.5K tCO2e (2023)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023999.9K tCO2e (2023)
20211.3M tCO2e (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce recordable injury rate to 0.30
  • Reduce scope 1 and 2 emissions by 50% by 2030
  • Reduce non-hazardous waste by 30% by 2030
  • 80% of new products to support UN SDGs by 2030
  • 15% reduction in supplier carbon footprint by 2030

📅 Medium-term

  • Develop decarbonization plans for all sites
  • Achieve Platinum EcoVadis rating

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

GovernanceSocialProductPlanet

⚠️ Challenges & Risks +

  • Supply chain disruptions
  • Increased scope 2 emissions due to increased electricity and steam consumption
  • Increased recordable injury rate (0.47) due to the sale of the iron oxide business
  • Achieving 2030 targets amidst industry and organizational change
  • Developing robust methodologies to quantify targets for the Product pillar

📋 Report Information

Reporting Period: 2023
Frameworks: GRI 2021 Standards, TCFD, UN Global Compact
Assurance: Intertek Assuris (Limited Assurance)